Savory Extract Market
Savory Extract Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Savory Extract Market Size and Growth
The Savory Extract market is experiencing robust growth, driven by increasing consumer demand for natural flavor enhancers. As of 2023, the market size is estimated to reach approximately $X billion. Key trends include rising interest in plant-based products and innovative applications across food and beverage sectors, influencing market dynamics significantly.
Companies Covered (Covid 19 Impact Covered)
◍ "Basic Food Flavors
◍ Inc"
◍ "Koninklijke DSM N.V"
◍ "Ajinomoto Co.
◍ Inc"
◍ "Kerry Group plc"
◍ "Tate & Lyle PLC"
◍ "Givaudan SA"
The savory extract market features key players like Basic Food Flavors, Koninklijke DSM, and Ajinomoto, leveraging innovative products and sustainable practices. Companies enhance flavor profiles in food products, driving market growth. Notable revenue figures include Ajinomoto ($9 billion) and Givaudan ($6 billion), reflecting significant industry influence and expansion strategies.
◍ "International Flavours & Fragrances Inc"
◍ "Frutarom Ltd"
◍ "WILD Flavours"
◍ "Specialty Ingredients Inc"
◍ "Symega Savoury Technology Limited"
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Market Segmentation
By Application
◍ "Food Industry"
◍ "Alcoholic Beverages and Non-alcoholic Beverages Industry"
◍ "Pharmaceutical Industry"
◍ "Animal Feed Industry"
◍ "Others Dietary Supplement Industries"
By Product
◍ "Yeast Derived Savory Extract"
◍ "Hydrolyzed Vegetable Proteins Derived Savory Extract"
◍ "Monosodium Glutamate Derived Savory Extract"
◍ "Nucleotides Derived Savory Extract"
◍ "Hydrolyzed Animal Proteins Derived Savory Extract"
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Market Growth
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$ X Billion USD
